51, GRESHAM WAY, ST LEONARDS-ON-SEA, TN38 0UG - £288,950

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

51 GRESHAM WAY is a large detached house of 141m², built sometime between 1967 and 1975. It was last sold for £288,950 in December 2014, which was around 2% above the average December 2014 detached price in the Hastings local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was C.

51 GRESHAM WAY Sold Prices

Land registry data shows two sales for 51 GRESHAM WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Hastings local authority area for the corresponding sale date. One of the two 51 GRESHAM WAY sales was for above the average price, whilst the other was roughly equal to the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2014 12 DEC	£288,950	£283,970	2% above HPI
2007 14 MAR	£249,950	£249,456	Close to HPI

51 GRESHAM WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Hastings local authority area over time, sourced from the HPI. The two 51 GRESHAM WAY sales from March 2007 and December 2014 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the March 2007 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the December 2014 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 51 GRESHAM WAY?

51 GRESHAM WAY is 141m² according to the EPC inspection conducted in May 2014. This puts it in the largest 30% of detached houses in Hastings, based on EPC data. The below chart shows the distribution of detached houses by size in Hastings, and where 51 GRESHAM WAY lies on this distribution: 74% of detached houses are smaller than 51 GRESHAM WAY, and 26% of houses are larger. Note that EPC data is not available for all properties in Hastings.

51 GRESHAM WAY: Plot and Title Map

51 GRESHAM WAY sits on a plot of roughly 0.169 of an acre, or 682m². The below map shows the location of 51 GRESHAM WAY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 51 GRESHAM WAY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 51 GRESHAM WAY?

51 GRESHAM WAY is located in ST. LEONARDS-ON-SEA, in the TN38 postcode district. The below map shows the position of No. 51 on GRESHAM WAY.